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Updated about 5 years ago,
What method do you use to evaluate property taxes for MFH?
What method do you use to evaluate property tax and rental property insurance when evaluating MFH? Currently we’re evaluating properties in Ohio and Michigan but our property tax and rental property insurance estimates seem high. For property tax we look up current rates using Smart Asset. For the annual property insurance we are using $1,500 per $200,000 of asking price. We identified this formula FitSmallBusiness.